BANKRUPTCY - CORPORATE REORGANIZATION - LIMITATION ON THE RIGHT TO APPEAL FROM AN ORDER FOR THE ALLOWANCE OF COMPENSATION IN A CORPORATE REORGANIZATION UNDER THE CHANDLER ACT

Authors

Michigan Law Review, University of Michigan Law School

Abstract

A petition for reorganization was approved by the district court, and members of a bondholders' committee were granted an allowance for services. As the award was much less than the amount sought, the committee asked leave to appeal of the circuit court of appeals. Leave was granted and the allowance increased. In the Supreme Court the petitioner claimed that the circuit court of appeals had no jurisdiction on the theory that the committee was confined to an appeal as of right, which could only be taken by filing notice of appeal in the district court. Held, the circuit court of appeals properly allowed the petition for leave to appeal under section 250 of the Chandler Act and section 24 (a) was inapplicable. Dickinson Industrial Site, Inc. v. Cowan, 309 U. S. 382, 60 S. Ct. 595 (1940).

Recommended Citation

Michigan Law Review, BANKRUPTCY - CORPORATE REORGANIZATION - LIMITATION ON THE RIGHT TO APPEAL FROM AN ORDER FOR THE ALLOWANCE OF COMPENSATION IN A CORPORATE REORGANIZATION UNDER THE CHANDLER ACT, 39 Mich. L. Rev. 310 (1940).
Available at: https://repository.law.umich.edu/mlr/vol39/iss2/11